Your team has been chosen to build a portfolio for a non-profit organization from Michigan that specializes in feeding the homeless.Your clients are fans of keeping their money in the state of Michigan because they receive so much of their funding from within that state.You will be tasked with doing research on three options (Grand Rapids General Obligation Municipal, US Government 10 Year T-Note, and a 30 Year Ford Corporate) bond. They currently hold $500,000 in each bond for a total of $1.5 million.They also hold $10,000 in cash.R make a determination if you will keep the positions in their portfolio, sell out and go to cash or replace with another bond position.I want you think in terms of:

Macro Economics

Micro Economics/ Behavior Finance

Financial Statement Analysis

Technical or Trend analysis

Risk and Investment Objectives